Ellen.Indl.Gas

Why is Ellenbarrie Industrial Gases Ltd falling/rising?

As of 08-Jul, Ellenbarrie Industrial Gases Ltd's stock price is Rs 254.45, down 2.02%, continuing a three-day decline. The stock has significantly underperformed the market, with a year-to-date drop of 25.26% and a 58.38% decline over the past year, amid concerns about financial health and reduced institutional investor confidence.

As of 08-Jul, Ellenbarrie Industrial Gases Ltd's stock price is falling, currently at Rs 254.45, which represents a decrease of Rs 5.25 or 2.02%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 2.39% during this period. <BR><BR>In terms of performance compared to the broader market, the stock has significantly underperformed over various time frames. Year-to-date, it has decreased by 25.26%, while the benchmark Sensex has only fallen by 10.23%. Over the past year, the stock has plummeted by 58.38%, contrasting sharply with the Sensex's decline of 8.61%. <BR><BR>Today's trading activity indicates a lack of strong upward momentum, despite the stock touching an intraday high of Rs 265. The weighted average price suggests that more volume was traded closer to the day's low of Rs 252, indicating selling pressure. Additionally, the sector itself, Industrial Gases & Fuels, has seen a decline of 2.83%, which may be contributing to the stock's poor performance.<BR><BR>Moreover, there are concerns regarding the company's financial health, as evidenced by a flat performance in recent quarterly results. While the interest has grown significantly, the profit after tax has fallen by 8.3% compared to the previous four-quarter average. The company's high price-to-book value of 3.9, combined with a return on equity of 11.3%, suggests that the stock may be overvalued.<BR><BR>Institutional investor participation has also decreased, with a reduction of 1.93% in their stake over the previous quarter, indicating a lack of confidence from more sophisticated investors. This decline in institutional interest, coupled with the stock's substantial underperformance relative to the market, reinforces the reasons for the current downward trend in Ellenbarrie Industrial Gases Ltd's stock price.

Which are the latest news on Ellen.Indl.Gas?

What does Ellen.Indl.Gas do?

Ellenbarrie Industrial Gases Ltd, a small-cap company established in 1973, operates in the Other Chemical products industry, reporting net sales of 87 Cr and a net profit of 23 Cr for March 2026. The company has a market cap of INR 3,778 Cr and key metrics include a P/E ratio of 36.00 and a return on equity of 11.32%.

Overview:<BR>Ellenbarrie Industrial Gases Ltd operates in the Other Chemical products industry and is categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated in 1973 and received its certificate for commencement of business in 1974. It was listed on the Calcutta Stock Exchange in 1976 and applied for voluntary delisting in 2016. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 87 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 23 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 3,778 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 36.00<BR>- Industry P/E: 22<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.06<BR>- Return on Equity: 11.32%<BR>- Price to Book: 4.11<BR><BR>Contact Details:<BR>Address: 3A Ripon Street, Kolkata West Bengal: 700016 <BR>Tel: 91-033-22491922/22291923/22292441 <BR>Email: info@ellenbarrie.com <BR>Website: http://www.ellanbarrie.com

Who are in the management team of Ellen.Indl.Gas?

The management team of Ellen.Indl.Gas includes Padam Kumar Agarwala (Managing Director), Norio Shibuya (Joint Managing Director), Shanti Prasad Agarwala (Whole Time Director), Varun Agarwal (Executive Director), and several Non-Executive Directors, along with Priyanka Gupta as Company Secretary. They oversee the company's operations and strategic direction.

The management team of Ellen.Indl.Gas includes the following individuals:<BR><BR>1. **Padam Kumar Agarwala** - Managing Director<BR>2. **Norio Shibuya** - Joint Managing Director<BR>3. **Shanti Prasad Agarwala** - Whole Time Director<BR>4. **Varun Agarwal** - Executive Director<BR>5. **Manas Kumar Dutta** - Non Executive Independent Director<BR>6. **Swapan Kumar Bhowmik** - Non Executive Independent Director<BR>7. **Aastha Shah** - Non Executive Independent Director<BR>8. **Ryosuke Matsubayashi** - Non Executive Director<BR>9. **Hideo Tsutsumi** - Non Executive Director<BR>10. **Priyanka Gupta** - Company Secretary<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Who are the peers of the Ellen.Indl.Gas?

Ellen.Indl.Gas peers include Solar Industries, Linde India, PCBL Chemical, and others, with varying management and growth risks. Stallion India leads in 1-year returns at 168.05%, while Ellen.Indl.Gas lacks a 1-year return comparison.

Peers: The peers of Ellen.Indl.Gas are Solar Industries, Linde India, PCBL Chemical, Refex Industries, Prem. Explosives, Stallion India, GOCL Corpn., Keltech Energies, and Monolithisch Ind.<BR><BR>Quality Snapshot: Excellent management risk is observed at Solar Industries, while Good management risk is found at Linde India and PCBL Chemical, and Average management risk is present at Refex Industries, Prem. Explosives, Ellen.Indl.Gas, GOCL Corpn., Keltech Energies, and Monolithisch Ind. Excellent growth is seen at Solar Industries and Monolithisch Ind, while Good growth is noted at PCBL Chemical, Refex Industries, Prem. Explosives, Stallion India, and Keltech Energies, and Average growth is attributed to Ellen.Indl.Gas and Linde India. Excellent capital structure is held by Solar Industries and Linde India, while Good capital structure is found at Refex Industries, Prem. Explosives, Ellen.Indl.Gas, Stallion India, and Keltech Energies, and Average capital structure is seen at PCBL Chemical, while Below Average capital structure is noted at GOCL Corpn.<BR><BR>Return Snapshot: Stallion India has the highest 1-year return at 168.05%, while PCBL Chemical has the lowest at -31.45%. Ellen.Indl.Gas does not have a 1-year return available for comparison. Additionally, the six-month return is negative for Refex Industries, Ellen.Indl.Gas, and GOCL Corpn.

Are Ellenbarrie Industrial Gases Ltd latest results good or bad?

Ellenbarrie Industrial Gases Ltd's latest results show mixed performance, with a 7.47% revenue increase but a 12.30% decline in net profit quarter-on-quarter, raising concerns about operational challenges and reliance on other income for profitability. While year-on-year growth is positive, the drop in profit margins may worry investors.

Ellenbarrie Industrial Gases Ltd's latest results present a mixed picture. On the positive side, the company reported a revenue increase of 7.47% quarter-on-quarter, reaching ₹87.43 crores, and a year-on-year growth of 6.01%. This indicates that the company is successfully expanding its sales.<BR><BR>However, the net profit for Q4 FY26 fell by 12.30% compared to the previous quarter, dropping to ₹22.88 crores, although it did show a year-on-year increase of 25.37%. The decline in net profit suggests that while revenue is growing, the company is facing challenges in converting that growth into profit, as evidenced by a significant drop in the PAT margin from 32.07% to 26.17% quarter-on-quarter.<BR><BR>Additionally, the company's reliance on other income for profitability raises concerns about the sustainability of its earnings. Other income accounted for a substantial portion of pre-tax profits, which could indicate underlying weaknesses in its core operations.<BR><BR>Overall, while there are some positive aspects in terms of revenue growth, the decline in net profit and margin compression signal operational challenges that may overshadow the positive revenue figures. Investors might view these results as concerning, particularly given the company's elevated valuation metrics compared to industry peers.

Should I buy, sell or hold Ellenbarrie Industrial Gases Ltd?

When is the next results date for Ellenbarrie Industrial Gases Ltd?

The next results date for Ellenbarrie Industrial Gases Ltd is 22 May 2026.

The next results date for Ellenbarrie Industrial Gases Ltd is scheduled for 22 May 2026.

Is Ellen.Indl.Gas technically bullish or bearish?

As of December 4, 2025, the market for Ellen.Indl.Gas is in a mildly bearish trend, indicated by bearish weekly MACD and Bollinger Bands, mixed signals from KST, and a mildly bullish short-term outlook from daily moving averages.

As of 4 December 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The weekly MACD is bearish, and the weekly RSI shows no signal, indicating weakness in momentum. Additionally, the Bollinger Bands on the weekly chart are bearish, while the daily moving averages are mildly bullish, suggesting short-term support. The KST is bearish on the weekly but bullish on the monthly, creating a mixed signal. Dow Theory indicates a mildly bearish stance on both weekly and monthly time frames. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market for Ellen.Indl.Gas.

How has been the historical performance of Ellen.Indl.Gas?

Ellen.Indl.Gas has shown significant growth in net sales and profitability, with net sales increasing from 91.33 Cr in March 2016 to 312.48 Cr in March 2025, and profit after tax rising from losses to 83.29 Cr in the same period. The earnings per share improved from 3.46 in March 2024 to 6.36 in March 2025, reflecting a strong recovery.

Answer:<BR>The historical performance of Ellen.Indl.Gas shows significant growth in net sales and profitability over the years, particularly from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Ellen.Indl.Gas reported net sales of 312.48 Cr in March 2025, a notable increase from 269.48 Cr in March 2024, and a substantial rise from just 91.33 Cr in March 2016. The total operating income mirrored this trend, reaching 312.48 Cr in March 2025 compared to 269.48 Cr in the previous year and 95.99 Cr in March 2016. Operating profit (PBDIT) also saw a remarkable increase, climbing to 145.68 Cr in March 2025 from 82.26 Cr in March 2024, and significantly up from 8.89 Cr in March 2016. Profit before tax followed suit, rising to 107.83 Cr in March 2025 from 64.22 Cr in March 2024, and recovering from a loss of 13.32 Cr in March 2016. The profit after tax for March 2025 was 83.29 Cr, up from 45.29 Cr in March 2024, and a stark contrast to the losses reported in earlier years. The earnings per share (EPS) also improved significantly to 6.36 in March 2025 from 3.46 in March 2024, indicating a strong recovery and growth trajectory for the company.

How big is Ellen.Indl.Gas?

As of 24th July, Ellenbarrie Industrial Gases Ltd has a market capitalization of 8,004.00 Cr and reported net sales of 95.71 Cr with a net profit loss of 2.52 Cr over the latest four quarters; data on shareholder's funds and total assets is unavailable.

As of 24th July, <BR><BR>Market Cap: Ellenbarrie Industrial Gases Ltd has a market capitalization of 8,004.00 Cr and is classified as a Mid Cap company. <BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 95.71 Cr, while the sum of Net Profit for the same period reflects a loss of 2.52 Cr. <BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

Who are the top shareholders of the Ellen.Indl.Gas?

The top shareholders of Ellen.Indl.Gas include Padam Kumar Agarwala with 56.88%, mutual funds with 7.59%, foreign institutional investors with 1.97%, and individual investors holding 7.46%. The largest public shareholder is the Motilal Oswal Dynamic Fund at 4.85%.

The top shareholders of Ellen.Indl.Gas include the promoters, who hold the majority of the shares. The promoter with the highest holding is Padam Kumar Agarwala, who owns 56.88% of the company. Additionally, mutual funds hold 7.59% of the shares through 8 different schemes, while foreign institutional investors (FIIs) hold 1.97% across 27 entities. The highest public shareholder is the Motilal Oswal Dynamic Fund, which has a stake of 4.85%. Individual investors collectively hold 7.46% of the shares.

Is Ellen.Indl.Gas overvalued or undervalued?

As of July 2, 2025, Ellen.Indl.Gas is considered very expensive and overvalued, with high valuation ratios compared to peers, despite a recent stock performance of 69.53%.

As of 2 July 2025, the valuation grade for Ellen.Indl.Gas has moved from does not qualify to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 88.93, an EV to EBITDA of 68.74, and an EV to Sales of 24.14. <BR><BR>In comparison to its peers, Linde India has a significantly higher PE ratio of 124.56 and an EV to EBITDA of 73.92, while Petronet LNG, which is considered attractive, has a much lower PE ratio of 11.4 and an EV to EBITDA of 6.85. Despite the recent stock performance showing a return of 69.53% over the past week compared to the Sensex's 0.79%, the overall valuation metrics indicate that Ellen.Indl.Gas is not justified at its current price level.